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Technology Stocks : SHPS: shopss.com, PROFITABLE INTERNET BUSINESS...

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To: herry iball who wrote (36)12/14/1999 12:20:00 AM
From: Francois Goelo  Read Replies (2) of 62
 
End of Year Earnings/Price Estimates for SHPS....

Trying to understand the recent weakness in price for both OSCR and SHPS, I set out to establish some reasonable earning figures for SHPS, at least, to be released in mid January...

At the Conference Call, SHPS third Quarter Earnings were confirmed: $6 Millions on $20 Millions Revenue... I think we can safely assume that another $4 Millions in Earnings will be obtained from the sale of Memberships in Israel, Europe, the Middle East and the USA, besides the 7% Net Earnings from computer manufacture at CCM...

It would seem that an EPS of some 45 cents ($10 Millions over 22 Millions shares) can be reasonably expected... A PE of 50 is fairly conservative for an Internet Business, giving a target price in the next 6 months of some $22.50...

Disclaimer: This is only my opinion, not a recommendation and no responsibility is accepted for errors or omissions... Potential investors should carry out extensive Due Diligence and only invest what they can afford to lose...

JMHO, F. Goelo + + +

PS: BTW, never forget French people invented the "Guillotine" and Violence/Cruelty may well lay well hidden in their Genes...



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